Zacks Research Has Negative Forecast for IDACORP Q3 Earnings

15 Apr 2026, 01:30 by Scott Moore · The Cerbat Gem

IDACORP, Inc. (NYSE:IDA – Free Report) – Analysts at Zacks Research reduced their Q3 2027 earnings per share estimates for IDACORP in a report released on Thursday, April 9th. Zacks Research analyst Team now expects that the energy company will earn $2.54 per share for the quarter, down from their prior forecast of $2.55. The consensus estimate for IDACORP’s current full-year earnings is $5.81 per share.

Several other analysts have also recently commented on the company. UBS Group upped their target price on IDACORP from $134.00 to $142.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Wall Street Zen downgraded shares of IDACORP from a “hold” rating to a “sell” rating in a research report on Sunday, February 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of IDACORP in a research note on Thursday, January 22nd. Mizuho increased their price objective on shares of IDACORP from $141.00 to $148.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Morgan Stanley set a $155.00 target price on shares of IDACORP in a research note on Friday, February 20th. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $144.25.

View Our Latest Analysis on IDACORP

IDACORP Price Performance

Shares of IDA opened at $145.24 on Monday. The business has a 50-day moving average of $141.62 and a 200-day moving average of $134.33. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.93 and a quick ratio of 0.68. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of 2.89 and a beta of 0.54. IDACORP has a 1 year low of $108.15 and a 1 year high of $149.73.

IDACORP (NYSE:IDA – Get Free Report) last announced its earnings results on Thursday, February 19th. The energy company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.74 by $0.04. IDACORP had a return on equity of 9.36% and a net margin of 17.84%.The firm had revenue of $405.24 million for the quarter, compared to the consensus estimate of $533.06 million. During the same period in the previous year, the business earned $0.70 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS.

Institutional Trading of IDACORP

Several hedge funds have recently modified their holdings of IDA. Torren Management LLC acquired a new position in shares of IDACORP during the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd grew its holdings in IDACORP by 630.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company’s stock worth $29,000 after purchasing an additional 189 shares during the period. Quent Capital LLC acquired a new stake in IDACORP in the third quarter worth $30,000. Measured Wealth Private Client Group LLC bought a new stake in IDACORP in the third quarter valued at $34,000. Finally, Los Angeles Capital Management LLC bought a new stake in IDACORP in the fourth quarter valued at $35,000. Institutional investors own 89.10% of the company’s stock.

Insider Transactions at IDACORP

In other IDACORP news, VP Julia A. Hilton sold 1,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $142.79, for a total transaction of $142,790.00. Following the transaction, the vice president directly owned 2,313 shares in the company, valued at approximately $330,273.27. This represents a 30.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.33% of the company’s stock.

IDACORP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 5th were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Thursday, February 5th. IDACORP’s payout ratio is presently 59.66%.

IDACORP Company Profile

(Get Free Report)

IDACORP, Inc is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary, Idaho Power Company, operates as a regulated electric utility. Through Idaho Power, the company provides generation, transmission and distribution services to residential, commercial and industrial customers. The company’s service territory spans southern Idaho and eastern Oregon, where it serves over half a million customers with a mix of hydroelectric, natural gas, wind and solar generation assets.